Commodity Action Price Stop Loss Target Price
Gold MCX (Oct Fut) Buy 26392 26182 26451/26503/26602/26704
Silver MCX (Oct Fut) Buy 62551 62182 62552/62556/62556.5
MCX Market Trend for different commodities:
MCX copper is at support levels of 402/397 and has resistance levels at 409/412 level. MCX Copper rose for the fourth time in five sessions as concern eased that the U.S. and global economies are faltering. The Gold prices remains at 26243/26092 support levels and has resistance levels at 26489.5/26585 price. Gold climbed for a third day in London LME and same as in MCX market and approached a record as concern about Europe’s debt crisis.